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's monthly snapshot of the u.s. labor market. it, too, is likely to reflect temporary effects related to the aftermath of hurricane sandy. >> we're looking for only a 50,000 gain in jobs in november, well under that 170,000 average we've seen over the past three months. >> reporter: hurricane sandy's effects on hiring may be short- lived, but experts worry fiscal cliff concerns could result in a new storm brewing for workers looking to land a job in the coming weeks. suzanne pratt, "n.b.r.," new york. >> tom: citi and the financials lead the way higher on wall street, helping the dow top 13,000 again. but a big drop in apple shares kept the nasdaq from gains. by the closing bell, the dow was up 82 points, the nasdaq down 23, the s&p added two points. >> susie: investors were also encouraged by news that american workers were very productive this past summer, and that's good news for company profits. productivity increased at its fastest pace in two years, at an annual rate of 2.9% from july through september. that number blows away the initial estimate of 1.9%. erika miller takes a cl
over syria's chemical weapons capability and what, if anything, the u.s. can do about it. >> woodruff: from florida, hari sreenivasan has the story of endangered coral reefs. many of them dying because ocean temperatures are rising and the waters are more acidic. >> i remember seeing fields of elk horn coral that you couldn't see through it and you couldn't see beyond it and those same areas are dead you know 99% dead. ♪ >> ifill: and we close with a remembrance of jazz great dave brubeck who died today, one day shy of his 92nd birthday. >> woodruff: that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> ifill: the nation's third- largest bank, citigroup, announced big job cuts as it continues to scale back in the wake of the financial crisis. the 11,000 employees to be laid off worldwide, make up about 4% of the comp
are we focusing or should we be focusing on the things that drive people to use guns in these horrific ways? >> i think you concentrate on both. you concentrate on mental illness and what we can do. you concentrate on safety in schools and those kinds of things. but small children have a basic right to go to a school and feel safe. and these guns, because they kill large numbers of people very quickly, they aren't used for hunting, they aren't hunting weapons, you don't need them for defense. they are military-style weapons. they don't belong in the streets of our cities. or our towns >> ifill: finally, senator feinstein, we have been here before. the president, as he said last night, has spoken at four different memorial services for shooting victims since he's been president. each time there's been discussion that this is the moment especially after a congresswoman was shot, this is the moment when everything will change. why is this the moment? >> well, this is the moment because i think people have had it. they have had it in fear. you know, look at aurora. that man came in with 10
also joined the u.s. defense secretary in expressing concern that damascus is considering using chemical weapons against the rebels. >> i think there is no question that we remain very concerned, very concerned. as the opposition advances, in particular on damascus, the regime might very well consider the use of chemical weapons. >> secretary panetta went on to say that the white house made it clear there will be consequences should the assad regime make the mistake of using those weapons on its own people. for more on the perspective from damascus, i spoke a short time ago to the bbc's jeremy bolon -- jeremy bowen. >> the issue has been pretty firm on the use of chemical weapons. any news from damascus? >> i think the regime here can feel the pressure. it has been under huge pressure in the last couple of weeks, increasing pressure. of the most pressure has faced from the west, certainly, in the almost two years this has been going on. i spoke before panetta made his remarks to the information minister and he repeated one of their official positions, which is that they say they
. there of been those who have demonstrated against guns, but not a manufacturer of the weapon used to murder the children is under pressure. it was advertised as a prop to masculinity now the company within 95% stake in the firm is selling out because of this watershed event. just outside town, there are four rows of empty shelves. they have taken the guns off the market out of respect. but more important, it is part of a chain of around 200 jobs throughout the u.s. they all stopped selling the modern sporting rifles, as they're called. changes the law might be more difficult. >> there is no chance of a ban on handguns. the supreme court has ruled plans to outlaw them in chicago and washington d.c. are unconstitutional. the most likely move would be to ban military-style assault rifles, magazines holding numerous bullet. the president has backed such a bill. >> while he supports strongly an assault weapons ban and other measures, he wants to expand the conversation beyond those specific areas of legislation. >> i'm joe manchin -- >> the group of the gun hand -- of the gun ban will be loosene
for 160 years. bnsf, the engine that connects us. and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: with 25 days left until the year-end fiscal cliff, and just 19 days until christmas, president obama warned lawmakers today not to add to the holiday pressures americans already feel, by letting the political stalemate drag on. but he also again insisted there would be no deal unless tax rates went up on the wealthy. >> the closer it gets to the brink, the more stressed we're going to be. >> woodruff: president obama made the short trip to northern virginia today to underline his plan to avert the fiscal cliff. at the home of what the white house called a typical middle class family, mr. obama said he's optimistic that agreement can be reached, but again
of americans hope that is true. but it's not enough for us to hope. we have to speak up. we have made our voices heard and hold washington accountable for facing up to the epidemic of gun violence in our country. if this moment passes in to memory without action from washington, it will be a stain upon our nation's commitment to protecting the innocence innocent including our children. >> rose: i'm pleased to have mayor bloomberg back at this table. >> thank you for having me. >> rose: on "meet the press" yesterday, at a press conference today you believe that the time is now, that this is the moment to act, and at the same time you are chastising the president for-- i believe the time was a long time ago, the president gave a speech after the massacre in a-- aurora, colorado, saying we have to do something. here we are two years later, another 21,000 people in america killed with guns. we've done nothing. i mean, you know, i don't know at what point you have to say enough is enough. we've been killing 34 americans every single day. that's bigger than virginia tech. every single day. and
a sell- off were going to use that as opportunity to step and at least put a little bit of sideline money that our clients have and they have a lot to work. >> reporter: wren has no hesitation recommending his clients use any dip as a buying opportunity. that's because he's confident there will be a deal on the fiscal cliff in janaury. suzanne pratt, "n.b.r.," new york.e shipping giant kicks off its busiest week of the year. >> tom: two mildly encouraging words were used by a group of economists to describe what next year may bring: stable and moderate. that's the 2013 outlook from the national association of business economics. the organization figures the u.s. economy will grow 2.1%, driven by housing and construction, but with corporate profit growth slowing down. nayantara hensel is the chairman of the national association for business economics. not bad, moderate, stable but certainly not robust here s it? >> no, that's absolutely right, tom. basically again we're forecasting annual average real gdp growth at 2.1% but the good news is we expect it to accelerate during the course of t
years. bnsf, the engine that connects us. >> and by the bill and melinda gates foundation. dedicated to the idea that all people deserve the chance to live a healthy, productive life. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: the white house had a new proposal on the table today in the fiscal cliff negotiations. house republicans said it fell well short, but the two sides kept at it, hoping to avert across-the-board tax hikes and steep mandatory spending cuts in 2013. >> we're moving closer. let me say that. it looks more encouraging today than it did yesterday. >> woodruff: there were some voices today like california republican congressman wally herger who saw signs of a deal in the works. president obama offered monday to lower his target for new revenue to $1.2 trillion over ten years. down $400 billion from his first offer. he also raised the threshold for higher tax rates to hous
victory investment. apple didn't say where in the u.s. the line of mac computers would be built or how many jobs might be included. now the return of apple to u.s. manufacturing comes as shareholders have experienced a very rocky ride in the past few months. the stock is down 22% from its all-time high in september. suzanne pratt reports. rtses. >> reporter: a peak inside this manhattan apple store and it looks like everything is a-okay. plenty of customer, plenty of purchases. so why has the shine come off apple's shares? with a-- in a word, actually two, profit-taking. >> i think the biggest reason for the selling going back to when it was priced $700 in september is pure profit-taking. if you look from the beginning year to september, the stock was up 74%. so i think you had some natural profit-taking. >> reporter: but this isn't ode year-end selling by institutions looking to record nice numbers. this supposedly is fiscal cliff related selling as shareholders worries that capital gains tax rates will be higher next year. >> still, financial planner sharon appleman says selli
there. there have been violent clashes for the second day outside the presidential power us -- palace in cairo. demonstrators have been during petrol bombs. four senior advisers have resigned. what are the chances for a peaceful resolution? that is the question i asked the state department spokesman p.j. crowley. >> we have had the former head of the iaea suggesting that morsi is now worse than hosni mubarak. is getting quite tense there, isn't it? >> it is. and the tension between institutions is actually potentially constructive. and every faction is sending their groups into the streets, or the muslim brotherhood is sending dogs to intimidate the court. this could create a very tense situation and potentially spiral out of control. >> how accurate are those comments about morsi? >> we do not know yet. none of those statements necessarily mean there is anything other than competition. you have the court stopped with mubarak appointees, but nonetheless, you have the other branches of government. . there's also the definition of the future of egyptian society. >> i was interested to s
using disasters and war spending as loopholes to avoid making tough cuts. >> they are doing that on the one side, then proposing additional stimulus spending on the other side, and then claiming that sometime next year they'll come up with some savings. that's a very troubling formula to me. >> reporter: if a grand bargain doesn't come together in the next few days, we may fall off the fiscal cliff and then wait for a new congress to put the pieces back together in the new year. darren gersh, "n.b.r.," washington. >> susie: well, roger altman is confident democrats and republicans will strike a deal and avoid falling off the fiscal cliff. he was deputy treasury secretary in the clinton administration and is now executive chairman and founder of evercore partners. >> susie: roger, so great to have you back on "nightly business report." >> thank you, susie. >> susie: nice to see you. why are you so optmistic there is going to be a fiscal cliff deal? >> i would cite two broad reasons, and then a few reasons specific to the negotiations. first on the broadside, the financial mar
wealthy among us. >> i don't think that the issue right now has to do with sitting in a room. the issue right now that's relevant is the acknowledgment that if we're going to raise revenues that are sufficient to balance with the very tough cuts that we've already made and further reforms and entitlements that i'm prepared to make, that we're going to have to see the rates on the top 2% go up. and we're not going to be able to get a deal without it. >> rose: and the president talking about the link when our economic circumstance and our national security. >> the most important thing we do for national security though, is to get our economy on track. and we are in a very strong position. as i travel around the world, it's fascinating. european leaders, asian leaders, they all say to me, america actually is poorest to be the world leader for another century. if we can fix some of this political dysfunction. and there are some very simple steps that we can take. number one, let's not raise taxes on middle class families. that's something we could do right now. number two, let's have a sma
Search Results 0 to 13 of about 14 (some duplicates have been removed)